Ruthless Critisicm August 2011
Von webmaster • Aug. 18th, 2011 • Kategorie: InternationalWhither the dollar? (August 2011)
[Theses on an article in GegenStandpunkt 2-11; translation forthcoming]
1. The US economy is the big exception in global capitalism: its national credit and the wealth of the world are the same
2. The price of this equation falls due with the crisis: America now has to prove its creditworthiness
3. America’s rivals are no longer the same
Conclusions: new steps in enforcing the crisis through the crisis policies of the nations